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These 5 coins will soar in value by the end of 2024 - check your change now

25 Oct 2024, 09:41 by Benjamin Lynch · Irish Mirror

Irish people are being encouraged to stay on the lookout for some rare coins that could go up in value soon.

Rare coins are sought after by collectors and their scarcity can be because of a misprint that was later corrected, or a limited number being minted. They can sell for many times their original worth on auction sites like eBay.

Some rare coins to look out for include a coveted Kew Gardens 50p and a selection of special alphabet 10p coins. Coins previously issued by the Royal Mint have fallen out of circulation, such as “round pounds” can also be valuable. These coins were replaced by 12-sided versions in 2017 which are harder to counterfeit.

GOBankingRates, meanwhile, looked at a list of coins that could go up in value by the end of the year. The coins are from the US, so will appeal to collectors or anyone who may have visited the country in recent years, or even someone with family across the pond. So what coins are out there?

1940s mercury dimes

Altier Rare Coins said versions of the Mercury dime, minted between 1916 to 1945, known as the ‘Mint State-67 (MS-67) with Full Bands (FB)’ could be valuable. Look past the wordy name and the coin is likely worth a fortune. PCGS Auction Prices estimates a 1916 version of the coin could be sold for over $120,000, around €110,000.

Altier Rare Coins said: “As you explore the best rare coins to buy, factoring in potential appreciation in 2024 and beyond, these dimes should be at the top of your list. Their enduring appeal and the finite number of specimens available in such pristine condition make them a solid choice for adding depth and diversity to your investment portfolio.”

1943 copper penny

An error on this 1943 penny could make someone very rich indeed. Most of the pennies were made of steel, but a few of them were mistakenly made of copper, the Hamilton County Doc said. The copper error coins could fetch around $100,000, equivalent to €92,000.

Half eagle

The $5 half eagle has been produced since 1795, according to the Goldberg Foundation. The coveted coin can sell from a relatively meagre $15,000 - around €13,500 - way up into the millions due to how rare early versions are. GOBankingRates said there is a “particular demand” for 1795 and 1798 versions of the coins of the coin, meaning it could soon increase in price.

1933 Saint-Gaudens Double Eagle

The 1933 Saint-Gaudens Double Eagle is estimated to fetch between $10,000,000 and $15,000,000 - around €9.2 million to €13.8 million, according to the broker Sotheby’s. Only one Double Eagle could be legally owned by an individual, Altier Rare Coins said.

A double eagle coin could sell for millions(Image: Getty Images)

Rare coins like this 1933 penny can earn people a huge sum(Image: Getty Images)

The website added: “The 1933 Double Eagle coin is just such a treasure. Minted during economic upheaval, this gold coin represents the last of its kind, symbolising an era that would change forever. With only a single coin legally allowed to be owned by individuals, its allure isn’t just in its beauty, but in its exclusivity and the intriguing stories surrounding it.”

This coin was designed by famous American sculptor Augustus Saint-Gaudens and is so sought after it sold for $18.9 million in 2021, roughly €17.4 million. Its rarity is owed in part to the US government’s efforts to melt them down, but a few survived.

1909-S VDB Lincoln Penny

The year 1909 marked 100 years since the birth of President Abraham Lincoln and the 1909-S VDB pennies were issued by President Theodore Roosevelt in celebration of the landmark year. The coin sparked controversy, however, due to the inclusion of the initials of sculptor Victor David Brenner on the other side of the coin.

The 1909-S VDB Lincoln Penny became controversial(Image: Getty Images)

As a result, the version of the coin featuring the initials was discontinued after a few days, but this meant many among the American public sensed the original design could become valuable. Indeed, only around 484,000 coins with the initials were produced and today they can be bought for sums equivalent to thousands of euros.

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